3 Mead Path

    3, MEAD PATH, CHELMSFORD, CM2 9XL

    This flat/maisonette leasehold property on Mead Path last sold in August 2020 for £193,000. Based on price growth in the CM2 district since then, its estimated current value is £184,309 — placing it in the 20th percentile nationally and the 7th percentile within CM2. The property covers 52 m² (560 sq ft), giving an estimated value of £3,544 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £193,000

    Aug 2020

    Estimated Valuation

    £184,309

    Est. £/sq ft

    £329/sq ft

    £3,544/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateJul 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 Aug 2020

    £193,000

    7 Mar 1997

    £48,000

    Key Metrics

    Estimated valuation£184,309
    Value per sq ft / m²£329/sq ft (£3,544/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM2 district percentile7th percentile
    National percentile20th percentile

    District Context — CM2

    CM2 covers Chelmsford and its surrounding villages in Essex, situated north-east of London. It is a well-established suburban and commuter area with a mix of family homes, modern developments, and countryside appeal.

    Average Property Price - CM2

    £402,507

    67

    National percentile

    Average Net Household Income - CM2

    £33,933

    25

    National percentile

    10-Year Annualised Price Growth - CM2

    3.2%

    35

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM2

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